The U.S. Supreme Court’s ruling on Tuesday that private parties can’t sue over Medicaid reimbursement means that more doctors may exit the program and shifts attention to federal regulators tasked with ensuring that rates remain sufficient, lawyers say.
The U.S. Securities and Exchange Commission on Wednesday brought its first enforcement action against a company for attempting to stifle the whistleblowing process through improperly restrictive language in a confidentiality agreement.
President Barack Obama on Wednesday handed down an executive order establishing a new sanctions regime that enables the administration to level harsh penalties against individuals overseas who carry out “malicious” cyberspace attacks that threaten crucial U.S. national security and economic interests.
Private equity-backed GoDaddy Inc., led by Wilson Sonsini Goodrich & Rosati PC, raked in $460 million in an upsized initial public offering before listing Wednesday on the New York Stock Exchange, marking the latest debut using a tax-favorable Up-C offering structure.
Simon Property Group Inc.’s $16.8 billion cash-and-stock proposal to merge with Macerich Co. collapsed late Tuesday night, with the takeover target saying it had rejected the hostile bid and mall owner Simon Property promptly withdrawing the offer.
Niro Haller & Niro Ltd. attorneys on Tuesday were again slapped with sanctions for representing an inventor they knew lied to obtain patents, with an Illinois federal judge ordering the attorneys liable for fees Sharp Corp., Hewlett-Packard Company and Dell Inc. incurred defending the suit.